Ondo Finance today announced a novel token, OMMF, that allows global stablecoin holders to invest in tokenized exposure to US money market funds. OMMF will be purchasable and redeemable for one dollar and backed entirely by US government money market funds. Unlike traditional MMFs, OMMF will be globally transferable 24/7, on the Ethereum public blockchain, and compatible with on-chain financial infrastructure like […]
The INX Digital Company, Inc., a broker-dealer and inter-dealer broker, announced that it will facilitate the first security token dividend distribution on its platform using blockchain technology. HGC (BVI) Info Tech Ltd. (HGC), the issuer of Trucpal Tokens and a leading digital SaaS service provider serving the Chinese freight market, is leveraging INX’s SEC-registered Transfer […]
Societe Generale–FORGE (SG-FORGE) has granted a loan to its mother company Societe Generale to refinance covered bonds held by the bank in the form of Security Tokens issued natively on the Ethereum public blockchain (the OFH Tokens). SG-FORGE funded this loan in the crypto market by borrowing DAI stablecoins from MakerDAO, a market-leading decentralized finance (‘DeFi’) protocol. […]
